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Sales of Existing Homes Plunge to Their Slowest March Pace Since 2009, in Warning Sign for Spring Housing Season
On a monthly basis, sales of existing homes dropped in all four major U.S. Census Bureau regions in March, plunging 9.4% in the West, dropping 5.7% in the South, falling 5% in the Midwest, and waning 2% in the Northeast.
US existing home sales fall more than expected in March
WASHINGTON, April 24 (Reuters) - U.S. existing home sales fell more than expected in March, weighed down by higher borrowing costs, and further weakness is likely as growing concerns of an ...
Home sales slump at start of crucial spring buying season as high mortgage rates and rising prices deter buyers
Sales of previously occupied US homes slowed in March ... prices discouraged prospective home shoppers. Existing home sales fell 5.9% last month from February to a seasonally adjusted annual ...
March Home Sales Slowed in a Lethargic Opening to the Spring Buying Season
Sales of previously occupied U.S. homes slowed in March, a sluggish start to the spring homebuying season as elevated mortgage rates and rising prices discouraged many prospective home shoppers
US new home sales jump in March; supply still rising
WASHINGTON, April 23 (Reuters) - Sales of new U.S. single-family homes increased more than expected in March as buyers rushed to take advantage of a decline in mortgage rates, but a gloomy ...
Sales of existing homes in the U.S. fell in March
March sales of existing homes in the U.S. were down in March, but median home price exceeded $400,000 for the first time, National Association of Realtors data shows.
Home sales crater in March, getting busy spring season off to a rough start
Existing home sales fell 5.9% March compared to the month prior, the Association of Realtors said on Thursday. It was the biggest month-to-month dip since November 2022.
March Home Sales Were the Slowest Since 2009. Some Predict Prices Could Drop Next.
Existing-home sales in March fell 5.9% from February’s level to a seasonally adjusted annual rate of 4.02 million in March, according to National Association of Realtors data.
Home sales last month dropped to their slowest March pace since 2009
Home sales in March were weaker than expected, due to higher mortgage rates and concern over the broader economy.
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US home sales rose in February as mortgage rates eased and more homes put up for sale
Home prices increased on an annual basis for the 20th consecutive month. The national median sales price rose 3.8% in February from a year earlier to $398,400, an all-time high for the month ...
US existing home sales see biggest drop since 2022
Sales of existing US homes pulled back more than expected in March, logging their biggest drop since late-2022 according to ...